The 16 firms agreed to pay a combined $1.82bn for failing to preserve staff communications on personal mobile devices, messaging apps and emails.
September 29, 2022Lenders should assess whether financed projects meet ICMA’s transition finance criteria and align with sectoral pathways identified by government or other globally recognised bodies.
September 28, 2022Around 1,500 people are currently under investigation across 50 international and domestic financial institutions and brokers.
September 5, 2022US regulators are expected to announce penalties in the coming weeks over the use of unauthorised messaging apps for business communications.
August 3, 2022The Supreme Court has allowed lawsuits accusing foreign banks of manipulating LIBOR to be heard in New York even though the banks did not operate in the US.
June 27, 2022The BOE said it found shortcomings in resolution plans prepared by HSBC, Lloyds Banking Group and Standard Chartered.
June 17, 2022A common tax arbitrage trading strategy is now being prosecuted as outright tax avoidance, catching global banks and traders in a broad net.
May 10, 2022The guide was produced with contributions from Anchorage Digital, Barclays Investment Bank, Capco, Coinbase, Copper, Digivault, and Fidelity Digital Assets, among others.
May 4, 2022The warning is reportedly directed at Barclays, the only UK lender that used its pension scheme for capital arbitrage transactions in recent years.
April 18, 2022The judge dismissed a case against 10 banks alleging manipulation of the US Treasuries market due to a lack of evidence of a conspiracy.
April 8, 2021